Bad accident properties, the trap of lump-sum appraisal… The Devil’s Real Estate Appraisal, a basic knowledge explained by a real estate appraiser YouTuber.

The book, “The Devil’s Real Estate Appraisal” (Crossmedia Publishing), co-authored by Seiken Taido, a real estate appraiser, and Momotaro Nakase, a YouTuber with over 700,000 registered users who is also a real estate appraiser, is getting a lot of feedback. The book provides easy-to-understand explanations of trivia about real estate transactions and inheritance from the perspective of a real estate appraiser, but what exactly do real estate appraisers do?

He answered, “Real estate appraisers are not in the “to C” business, but in the “to B” business. For example, we mainly work for asset management companies, banks, and governments. Lawyers and doctors are very close to us, so it is easy to feel that they are great, but perhaps because of that, the public’s perception of real estate appraisers is a bit subtle.

Real estate appraisers are one of the three major humanities-related certifications, along with lawyers and certified public accountants, but while there are currently 46,000 lawyers and 35,000 certified public accountants, there are only 8,600 real estate appraisers. In addition, as Mr. Nakase says, it is difficult for the general public to imagine what the job entails, partly because they have almost no opportunity to be involved in their daily lives.

The main job of an appraiser is to issue real estate appraisal reports. An appraisal report costs about 200,000 yen at the lowest, so I don’t think there are any opportunities for individuals to request an appraisal report. When is an appraisal report necessary? For example, when you need to determine the appropriate price of real estate that is being used for an investment project.

Simply put, it is a job that explains the basis for the price of the property. Although real estate companies often issue appraisal reports, it is not uncommon for those reports to be issued mechanically for each area. When asked to explain why the price is the way it is, they often end up saying, ‘Because the market price is like this,’ but since the appraisal report is well supported by each property, they can give a good answer when asked to explain.

In general, appraisers often engage in appraisal work when they become independent, but Mr. Yasumichi and Mr. Nakase are currently engaged in the real estate business, focusing on real estate sales and inheritance. Here are some of their unique “basic knowledge about real estate” included in this book.